Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni−0.418%48s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$160.163% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 3 days (all we have)+0.479%+$48 · spread now −0.418%, 7d avg −0.035%
=Together, before fees+0.372%+ Points / potential airdropLighter: Season 3 · farm board+$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.383% cheaper against ApeX Omni than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XRPUSDT | 1.5489 | 0.0100 | pay 0.0013% / 1h | 8m 48s | $1.0M | $878K | 50x |
| Short | Lighter XRP | 1.5424 | 0.0096 | get 0.0012% / 1h | 8m 48s | $3.0M | $11.5M | 20x |
ApeX Omni XRPUSDT
Lighter XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.418% → −0.035%
- −$38.33
- Slippage, 4 orders
- −$6.27
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$55.44
- Costs to cover
- 0.163%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, just now; Lighter: live order book, 10 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, just now | 0.65 bp | 6.1 bp −$6 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 0.88 bp | 3.6 bp −$4 | 7.0 bp −$70 | 16.4 bp −$1,635 | 35.4 bp −$17.7K |
XRP on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5477 | −0.077% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5451 | −0.247% | $1.1M | $101K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5450 | −0.252% | $69K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5433 | −0.362% | $9.4M | $24.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5432 | −0.367% | $258K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | −1.285% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0047% | 8h | 1.5438 | −0.329% | $80K | $933K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0075% / S +0.0169% | 1h | 1.5431 | −0.372% | $909K | — | 200x | as long as short |
| Lighter XRPshort | +0.0096% | 1h | 1.5424 | −0.418% | $3.0M | $11.5M | 20x | |
| Lighter RH XRP | +0.0096% | 1h | 1.5422 | −0.433% | $446K | $3.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
GMX XRP/USD [ETH-USDC]
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5442 | −0.300% | $1.1M | $5.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5414 | −0.482% | $39.3M | $73.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5447 | −0.271% | $675K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5418 | −0.456% | $554.7M | $1.87B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5416 | −0.471% | $346.7M | $852.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5430 | −0.381% | $126.0M | $848.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5427 | −0.400% | $574K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5449 | −0.258% | $120K | $686K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5472 | −0.113% | $1.7M | $470K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5404 | −0.549% | $367.8M | $133.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5402 | −0.562% | $293.0M | $820.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5406 | −0.535% | $112.1M | $149.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5429 | −0.387% | $267.3M | $346.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5421 | −0.439% | — | $114.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5487 | −0.012% | $6.7M | $24.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5464 | −0.164% | $671K | $95.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5471 | −0.114% | $1.1M | $41.5M | 20x | as long as short |
| ApeX Omni XRPUSDTlong | +0.0100% | 1h | 1.5489 | long leg | $1.0M | $878K | 50x | |
| Vest XRP-PERP | +0.0100% | 1h | 1.5442 | −0.303% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5445 | −0.284% | $50K | $468K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5435 | −0.349% | $42K | $60K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5432 | −0.369% | $831K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5450 | −0.249% | $129K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5429 | −0.387% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5420 | −0.443% | $50.8M | $14.9M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5415 | −0.478% | $55.1M | $28.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5443 | −0.294% | $481K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5443 | −0.297% | $12K | $239K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5402 | −0.562% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5431 | −0.372% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0144% | 1h | 1.5450 | −0.252% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0169% | 1h | 1.5427 | −0.401% | $15.7M | $65.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5440 | −0.316% | $5.6M | $45.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0200% | 1h | 1.5421 | −0.439% | $1.8M | $953K | 25x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5436 | −0.345% | $1.4M | $9K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5429 | −0.387% | $24.2M | $68.5M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0296% | 1h | 1.5481 | −0.051% | $19K | $66K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0299% | 8h | 1.5457 | −0.207% | $1.8M | $32.0M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5453 | −0.230% | $406K | $499K | 10x | as long as short |
| Hyperliquid XRP | +0.0507% | 1h | 1.5447 | −0.271% | $284.6M | $190.3M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0532% | 1h | 1.5450 | −0.254% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD